Refined Products

Oil steady as virus fears counter positive factory data

Oil steady as virus fears counter positive factory data

Published 03/08/2020

LONDON (Reuters) - Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies [more…]

Marathon Petroleum posts adjusted loss after announcing Speedway sale

Marathon Petroleum posts adjusted loss after announcing Speedway sale

Published 03/08/2020

(Reuters) - U.S. oil refiner Marathon Petroleum Corp posted a smaller-than-expected quarterly loss on Monday, hours after it announced the sale of its Speedway gas [more…]

Oil up on weak dollar though U.S.-China tensions, virus weigh

Oil up on weak dollar though U.S.-China tensions, virus weigh

Published 27/07/2020

SINGAPORE/LONDON (Reuters) - Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising [more…]

Oil falls as virus infections rise, eyes on EU recovery plan

Oil falls as virus infections rise, eyes on EU recovery plan

Published 20/07/2020

LONDON (Reuters) - Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing [more…]

Oil dips on surge in COVID-19 infections

Oil dips on surge in COVID-19 infections

Published 13/07/2020

LONDON (Reuters) - Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend [more…]

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Published 13/07/2020

OTTAWA (Reuters) - Producer prices in Canada gained 0.4% in June from May, primarily on higher prices for energy and petroleum products, Statistics Canada said [more…]

Oil prices drop on prospect of returning Libyan supplies

Oil prices drop on prospect of returning Libyan supplies

Published 30/06/2020

LONDON (Reuters) - Oil prices slipped on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been down to [more…]

Oil steadies amid increase in coronavirus cases

Oil steadies amid increase in coronavirus cases

Published 22/06/2020

LONDON (Reuters) - Oil prices were steady on Monday, supported by tighter supplies from major producers but held in check by concerns over a record [more…]

U.S. crude drops as coronavirus cases spike globally

U.S. crude drops as coronavirus cases spike globally

Published 15/06/2020

NEW YORK (Reuters) - Oil prices fell on Monday as new coronavirus infections hit the United States and China, feeding worries that renewed lockdowns could [more…]

Vitol’s former CEO Ian Taylor dies after cancer battle: sources

Vitol’s former CEO Ian Taylor dies after cancer battle: sources

Published 09/06/2020

LONDON (Reuters) - Vitol’s former chief executive and chairman Ian Taylor has died at the age of 64 from cancer, according to an internal memo [more…]